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Topic: BTC or Gold Investment? - page 15. (Read 9185 times)

full member
Activity: 1316
Merit: 126
July 25, 2022, 09:20:35 AM
#64
I believe you should take a look at bitcoin. As you can see, many bitcoiners have demonstrated that they have made significant profits from the currency. It all depends on whether you are willing to take the risk. Many investors choose Bitcoin because of its rapid growth, but if you'd rather something more secure and low-risk, consider investing in gold. Here's the idea: To decide which of the two investments you should make, start with a small sum of money. For instance, you could invest the same amount in gold and bitcoin, then watch to see which one is more profitable and able to quickly recoup your initial investment.
legendary
Activity: 3780
Merit: 1418
July 25, 2022, 08:59:54 AM
#63
To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?

Why not both?  People always scream one way or another, and in reality both people are right.  Diversifying between asset classes is always the smart play.  Reduces your downside risk being in just one, while being able to catch any raises in another.  Not which one, it's both.
sr. member
Activity: 1554
Merit: 374
Vave.com - Crypto Casino
July 25, 2022, 08:53:40 AM
#62
I don't care where you invest, because basically we have to invest for our own sake, bitcoin or gold, I think, comes back to ourselves. If debating which one is better, I think it will be endless. Because everyone has their own opinion. So invest because we already know the risks involved, don't invest because you hear other people say it's good.
If you ever invest, then investing in gold is the same as investing in bitcoin, if you invest in gold, you will get money immediately.  And if I invest Bitcoin then I have to wait for it.  Bitcoin I think is more valuable than gold I think.  Bitcoin is very valuable.  If we can rate it, we will gain a lot.  So if I invest I will invest in Bitcoin.  Besides that, I will consider investing in gold.
staff
Activity: 2436
Merit: 2347
July 25, 2022, 08:03:10 AM
#61
let's see from a practical point of view. holding gold is cumbersome! you can't go through customs, and you can't hide it.
yes ok there are companies that offer you contracts to be able to deposit it in their caveuax but at what cost? governments could size it Roll Eyes

Let's look at this situation in terms of all the possible ways to invest in gold, not just the one most hackneyed way. Investing in physical gold is too problematic a way to invest. In addition to the inconveniences you listed, in many countries you have to pay a large tax, sometimes as much as 20%. It is extremely unprofitable, so in addition to investing in gold bullion or coins, there are shares, ETF, stocks of mining companies, OMC, futures. Such ways also have some disadvantages, but they allow you to avoid all those customs problems and what you've listed in terms of disadvantages of investing in gold.

it is absolutely true. these tools are also valid for managing gold.
 but in this way the liquidity that such an asset can give is lost. you have a surrogate.
You Need a third part for your operation even for storage big amounts.
Plus (worst part), it can be taxed or seized at the source ... in short, the main problem remains which is the unique advantage that bitcoin offers....

Yes, there are certain risks of centralized storage, but so is bitcoin. But do you know many such cases when such withdrawal happened? Such cases are very rare and don't happen more often than some big crypto exchange like MT.GOX gets busted. The services that provide such services have much better regulation than crypto services. The same can be said about the difference between investors in gold and bitcoin and their derivatives. Gold investors are much more qualified.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
July 25, 2022, 07:30:20 AM
#60
I don't care where you invest, because basically we have to invest for our own sake, bitcoin or gold, I think, comes back to ourselves. If debating which one is better, I think it will be endless. Because everyone has their own opinion. So invest because we already know the risks involved, don't invest because you hear other people say it's good.
legendary
Activity: 2268
Merit: 1655
To the Moon
July 25, 2022, 05:06:46 AM
#59
Bitcoin investment is profile but risky. If you invest in gold, you can hold it risk-free and you can sell it at any time without any loss. But if you invest in Bitcoin then the price of that Bitcoin may decrease after investing. And if you ever run into a financial crisis, you may not get your fair value by selling the bitcoins at this time. So invest in gold is must better

The price of gold is also declining, although it is less volatile than the price of bitcoin. We see that in the long term, the price of bitcoin is growing, but locally there are regular corrections, exactly the same as with the price of gold. And if life circumstances force you to urgently sell your asset just when a correction is taking place in the market, then you will lose in any case, regardless of what you invested in.
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
July 25, 2022, 04:30:36 AM
#58
I bought gold in 2017 and currently it's up no more than 30% because the price of gold in each country is different according to the level of gold being sold. But if at that time I bought Bitcoin, then now I benefit because the price goes up, very volatile but profitable, there are moments that must be seen when I want to invest, such as Bitcoin halving which can increase the price.
Bitcoin investment is profile but risky. If you invest in gold, you can hold it risk-free and you can sell it at any time without any loss. But if you invest in Bitcoin then the price of that Bitcoin may decrease after investing. And if you ever run into a financial crisis, you may not get your fair value by selling the bitcoins at this time. So invest in gold is must better
Investment on gold is safe and risk free and bitcoin investment is high risky. But if you not take any risk you will not be rich. If you want to be rich.  Then you must accept the risk. I am always like to take risk. And i bought 1 BTC by taking  loan from bank with high interest. I believe that bitcoin will give me high profit and i will easily able to repay loan to bank with fair interest
sr. member
Activity: 2324
Merit: 263
July 25, 2022, 04:18:05 AM
#57
To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?
Both have different times to react up, almost completely what I find both of them are sources of positive reactions to crypto's journey, the difference is that BTC and Gold are not completely affected by the movement of the dollar, for example the current dollar price is also not making them both go lower and go higher, so the right step is to invest in bitcoin first and in the near future can start in gold
hero member
Activity: 1484
Merit: 608
Vave.com - Crypto Casino
July 25, 2022, 03:52:00 AM
#56
I bought gold in 2017 and currently it's up no more than 30% because the price of gold in each country is different according to the level of gold being sold. But if at that time I bought Bitcoin, then now I benefit because the price goes up, very volatile but profitable, there are moments that must be seen when I want to invest, such as Bitcoin halving which can increase the price.
Bitcoin investment is profile but risky. If you invest in gold, you can hold it risk-free and you can sell it at any time without any loss. But if you invest in Bitcoin then the price of that Bitcoin may decrease after investing. And if you ever run into a financial crisis, you may not get your fair value by selling the bitcoins at this time. So invest in gold is must better
sr. member
Activity: 1876
Merit: 318
July 25, 2022, 03:25:06 AM
#55
Both are fine as investments imo, Gold is more on stability though so you can't really expect big gains, but as I said it is stable. BTC on the other hand is volatile, so you're either up by a lot or down by a lot. Gold is the reliable option that has a history as its backing, crypto, on the other hand, is more like a toddler that you wouldn't really know whether would go up or down (though if you look at it's history, if played well, can bring a LOT in the plate). I'd suggest putting your investments into both if you can't really decide.

There are pros and cons to both investment types and investors should diversify their portfolios to minimize risk. Investments in both are best.
For gold, it won't bring much profit but thanks to its stability we can buy and sell easily whenever we need cash for life. For bitcoin, the price of bitcoin is very volatile in the short term, however, it will provide you with great returns in the long run. So we need to diversify our investments and I'm sure that's better than holding fiat.

When we want to invest, we are indeed recommended to invest not only in one asset. We should diversify our investment, apart from minimizing risk,
we can also generate maximum profit. So I also think that investing in Bitcoin and Gold is indeed better, because Bitcoin or Gold cannot be perfect,
both have advantages and disadvantages. If investments in both can complement each other, then why choose one?. I also often get satisfactory
profits while investing in Gold and Bitcoin, so I without a doubt have invested in Bitcoin and also Gold since a few years ago. The risk of investing
in Gold is indeed much lower than if we invest in Bitcoin, but the profit generated by Bitcoin is usually much greater than Gold. This means that
investing in Bitcoin must be careful, price movements are very volatile, so it will be safer for Bitcoin if we invest in the long term. But that doesn't
mean we don't need to hold fiat at all, I think saving fiat still needs to be done just in case for urgent needs.
full member
Activity: 1414
Merit: 129
The first decentralized crypto betting platform
July 25, 2022, 02:12:41 AM
#54
Both are fine as investments imo, Gold is more on stability though so you can't really expect big gains, but as I said it is stable. BTC on the other hand is volatile, so you're either up by a lot or down by a lot. Gold is the reliable option that has a history as its backing, crypto, on the other hand, is more like a toddler that you wouldn't really know whether would go up or down (though if you look at it's history, if played well, can bring a LOT in the plate). I'd suggest putting your investments into both if you can't really decide.

There are pros and cons to both investment types and investors should diversify their portfolios to minimize risk. Investments in both are best.
For gold, it won't bring much profit but thanks to its stability we can buy and sell easily whenever we need cash for life. For bitcoin, the price of bitcoin is very volatile in the short term, however, it will provide you with great returns in the long run. So we need to diversify our investments and I'm sure that's better than holding fiat.
hero member
Activity: 3024
Merit: 629
July 24, 2022, 11:20:44 PM
#53
Bitcoin and gold are a good investment though they're different. Investing in Bitcoin is risky because of the price volatility but the return is huge depending on how much you invest and how long you'll hold.

While gold has a physical feature and stable thus it might take time before you can gain from your investment. Compared to Bitcoin, investing in gold is less risky since the price of gold keep on increasing as time goes by. If you want to invest to both, that would be better, diversifying is a wise decision since its more risky to put all our eggs in one basket.
member
Activity: 744
Merit: 10
Syntrum.com
July 24, 2022, 11:12:29 PM
#52
I bought gold in 2017 and currently it's up no more than 30% because the price of gold in each country is different according to the level of gold being sold. But if at that time I bought Bitcoin, then now I benefit because the price goes up, very volatile but profitable, there are moments that must be seen when I want to invest, such as Bitcoin halving which can increase the price.
member
Activity: 790
Merit: 44
July 24, 2022, 11:01:47 PM
#51
To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?
I prefer investing in Bitcoin, indeed both assets have good value, but Bitcoin to get results faster than Bitcoin, I've done that, a matter of hours I can get 300 $, Bitcoin profits, of course Gold can't be like that, it takes a long time for Gold to get quick results.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
July 24, 2022, 10:30:06 PM
#50
BTC and gold investment is the right choice as a very good asset diversification in my opinion. If you look at market developments so far, Crypto, especially BTC, is very fast to rise and recover from falling prices compared to gold, whose increase is not drastic but is very stable, not volatile like BTC.
GOld is not as good as bitcoin. GOld was stable investment. Someone has been mentioning the right statement about gold. that stable asset can't be used as investment. that's only store of value to make your money became stable caused by gold was following the inflation.
It's better to keep gold to follow the ration of inflation. People understand it in wrong way if they were using the gold as investment while the price is steadily growing up caused by the inflation.
member
Activity: 868
Merit: 38
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July 24, 2022, 05:08:15 PM
#49
To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?

Bitcoin is the best investment place in my opinion because Bitcoin can provide greater benefits than investing in gold. but bitcoin has a high risk so to invest in bitcoin must have the courage to take a high risk. and in contrast to gold, we can get high profits but have to wait a long time and gold does not have a high risk and the price of gold is very stable and every year has an increase.
Bitcoin is the best currency in crypto Kingdom to be invested with because when you invest automatically you will make a good profit because in Bitcoin it does not die off like other coin and I have seen this statement from different people who mentioned that bitcoin is the best cryptocurrency so far to to be invested with so they have I will advise people who invest into cryptocurrency
hero member
Activity: 2156
Merit: 685
July 24, 2022, 04:48:33 PM
#48
To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?
I think the opposite of this, it is better to buy bitcoin first. maybe gold can be bought later. If you look at the pricing and fluctuations of the last 10 years, it is clear which one has brought more profit to its investors. But in recent months, gold has seen the biggest bottom of its last times, I think this decline may deepen, of course, it can be attractive at these prices.
legendary
Activity: 2184
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
July 24, 2022, 01:53:30 PM
#47
To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?
Both of them are good assets, and it isn't a bad idea to invest in two of them, since the two assets aren't intrinsically similar, you will be diversifying appropriately should you choose to invest in both gold and Bitcoin. Having said that, gold is more of a store of value than Bitcoin, it can hold its value for a pretty long time without significantly depreciating. Bitcoin is more volatile because it can have spontaneous plunges and pumps in the short term, but in terms of ROI, Bitcoin is better, especially in the long run, Bitcoin will accrue more returns for its investors than gold will.
member
Activity: 569
Merit: 18
Goldeth.io
July 24, 2022, 01:36:17 PM
#46
To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?

Bitcoin is the best investment place in my opinion because Bitcoin can provide greater benefits than investing in gold. but bitcoin has a high risk so to invest in bitcoin must have the courage to take a high risk. and in contrast to gold, we can get high profits but have to wait a long time and gold does not have a high risk and the price of gold is very stable and every year has an increase.
hero member
Activity: 2128
Merit: 658
Leading Crypto Sports Betting & Casino Platform
July 24, 2022, 01:08:49 PM
#45
To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?
Gold and BTC both are two types of things. We know that bitcoin is the most volatile currency where Gold price always stable or increase slowly. Bitcoin is now the most suitable for investment, as we know that crypto currency already in bear market. The price of btc only $22000 at the moment. So it is the right time for bitcoin investment.
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